Ecovyst Inc. $ECVT Position Decreased by William Blair Investment Management LLC

William Blair Investment Management LLC decreased its holdings in shares of Ecovyst Inc. (NYSE:ECVTFree Report) by 9.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,728,749 shares of the company’s stock after selling 285,411 shares during the period. William Blair Investment Management LLC owned approximately 2.39% of Ecovyst worth $26,551,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Ecovyst by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 11,112,611 shares of the company’s stock valued at $108,126,000 after purchasing an additional 191,394 shares in the last quarter. Rubric Capital Management LP boosted its holdings in shares of Ecovyst by 120.9% in the third quarter. Rubric Capital Management LP now owns 10,400,000 shares of the company’s stock worth $91,104,000 after buying an additional 5,692,653 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Ecovyst by 1.3% in the third quarter. Dimensional Fund Advisors LP now owns 6,257,072 shares of the company’s stock worth $54,812,000 after buying an additional 77,374 shares during the period. Mangrove Partners IM LLC boosted its holdings in shares of Ecovyst by 20.6% in the third quarter. Mangrove Partners IM LLC now owns 5,474,057 shares of the company’s stock worth $47,953,000 after buying an additional 935,647 shares during the period. Finally, Oaktree Capital Management LP acquired a new position in shares of Ecovyst in the third quarter worth about $25,045,000. Institutional investors own 86.69% of the company’s stock.

Ecovyst Stock Performance

Shares of ECVT opened at $13.81 on Tuesday. Ecovyst Inc. has a one year low of $7.21 and a one year high of $15.09. The company has a 50-day moving average of $13.51 and a two-hundred day moving average of $11.31. The stock has a market cap of $1.51 billion, a price-to-earnings ratio of -25.11, a PEG ratio of 1.83 and a beta of 1.12. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.38 and a quick ratio of 2.13.

Ecovyst (NYSE:ECVTGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. The business had revenue of $214.95 million during the quarter, compared to analyst estimates of $191.07 million. Ecovyst had a negative net margin of 7.71% and a positive return on equity of 11.58%. The firm’s revenue was up 50.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.01 earnings per share. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. On average, equities research analysts expect that Ecovyst Inc. will post 0.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on ECVT shares. KeyCorp raised their target price on shares of Ecovyst from $11.00 to $14.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Citigroup raised their target price on shares of Ecovyst from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. BWS Financial raised their target price on shares of Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, Wall Street Zen upgraded shares of Ecovyst from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $14.20.

Get Our Latest Research Report on ECVT

About Ecovyst

(Free Report)

Ecovyst Inc is a global specialty chemicals company that develops, manufactures and markets performance-enhancing products for industrial applications. The company’s core offerings include catalysts, phosphorus-based additives and barium carbonate materials, all designed to improve process efficiency, product quality and environmental performance. Ecovyst serves a diverse customer base in the energy, refining, chemical, polymer, food and consumer goods industries.

The company’s Catalysts segment supplies fluid catalytic cracking (FCC) and hydroprocessing catalysts that help petroleum refiners maximize fuel yield, reduce sulfur emissions and meet increasingly stringent environmental standards.

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Institutional Ownership by Quarter for Ecovyst (NYSE:ECVT)

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